Central Region HDB Resale Prices
Last updated: 6 June 2026
Central Region HDB resale prices often attract attention because this part of Singapore includes some of the country’s most established and best-connected HDB towns, including Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown, and Toa Payoh. Official HDB and URA planning materials consistently highlight these estates for their strong transport connectivity, mature amenities, healthcare access, greenery, and city-fringe convenience. Mature towns such as Queenstown and Toa Payoh also remain important landmarks in Singapore’s public housing history, while Bishan and Kallang / Whampoa continue to stand out for their accessibility and proximity to key commercial and lifestyle areas.
That is also why understanding Central Region HDB resale prices requires more than looking at a single average figure. Resale prices across these central and city-fringe estates can vary significantly depending on flat type, remaining lease, proximity to MRT stations, floor level, surrounding amenities, and the specific characteristics of each block and flat. Comparing recent resale transactions across nearby flats, neighbouring towns, and different flat types often provides a clearer picture of how the market is moving across the Central Region.
This Central Region HDB resale price guide brings together recent resale transaction trends, town-level comparisons, price movements, PSF insights, and notable resale activity across Singapore’s central HDB estates. Whether you are researching prices in Queenstown, comparing resale trends in Bishan and Toa Payoh, or tracking city-fringe HDB markets such as Kallang / Whampoa and Geylang, understanding how different towns and flat types perform over time can provide better context for buyers, sellers, homeowners, and market watchers.
$832,500
+11.1% vs May 2026
$885 psf
+21.1% vs May 2026
82
-81.3% vs May 2026
28
-70.8% vs May 2026
The most active central HDB town in June 2026 was Toa Payoh, with 19 resale transactions. The highest central region transaction was a 5 Room flat in Queenstown, sold for $1,650,000.
Central Region HDB Town Rankings
Compare median PSF trends across Central Region HDB towns using recent resale transactions.
Central Area
Median Price$1,500,000
Median PSF$1,437 psf
Transactions1
Million-Dollar Sales1
Queenstown
Median Price$847,500
Median PSF$1,065 psf
Transactions18
Million-Dollar Sales6
Kallang/Whampoa
Median Price$988,000
Median PSF$1,005 psf
Transactions15
Million-Dollar Sales6
Toa Payoh
Median Price$928,000
Median PSF$1,004 psf
Transactions19
Million-Dollar Sales7
Bukit Merah
Median Price$962,500
Median PSF$975 psf
Transactions12
Million-Dollar Sales5
Bishan
Median Price$750,000
Median PSF$774 psf
Transactions9
Million-Dollar Sales3
Bukit Timah
Median Price$925,000
Median PSF$699 psf
Transactions1
Million-Dollar Sales0
Geylang
Median Price$340,000
Median PSF$536 psf
Transactions7
Million-Dollar Sales0
Central Region HDB Prices By Flat Type
Compare median resale prices across different HDB flat types in Central Region towns.
3-room Flats
Bukit Merah
$788,000
$1,077 psf
3 transactions
Geylang
$329,500
$508 psf
4 transactions
4-room Flats
Toa Payoh
$1,088,000
$1,087 psf
9 transactions
Bishan
$695,000
$714 psf
4 transactions
5-room Flats
Bukit Merah
$1,042,500
$832 psf
4 transactions
Bukit Merah
$1,042,500
$832 psf
4 transactions
Looking at resale prices by flat type often provides a clearer picture of the Central Region market. Some towns may appear more affordable overall because they record more 3-room transactions, even though larger HDB flats may still command significantly higher resale prices.
What Drives Demand In Central Region HDB Towns
Central Region HDB buyers often evaluate convenience, accessibility and long-term resale demand differently from buyers in more suburban estates.
City-Fringe Convenience
Many central HDB estates are located closer to the CBD, Orchard Road and key employment hubs. Shorter commuting times continue to support stronger resale demand in towns such as Queenstown, Bishan and Bukit Merah.
MRT Accessibility And Resale Demand
Flats located near MRT interchanges and mature transport corridors often command stronger resale interest and higher PSF values. This is especially visible in projects located near Redhill, Commonwealth, Bishan and Toa Payoh MRT stations.
Appeal Of Mature HDB Towns
Central estates typically benefit from established amenities, schools, hawker centres, healthcare infrastructure and older town centres. These features can contribute to more stable long-term owner-occupier demand compared to newer estates.
Limited New Flat Supply
Some central HDB towns have relatively limited new flat supply and fewer large redevelopment opportunities. This can contribute to stronger resale competition for well-located flats in mature estates.
Million-Dollar HDB Resale Activity
Central Region towns are often associated with some of Singapore’s highest HDB resale prices, particularly for larger flats, premium projects and city-fringe developments with stronger accessibility.
Balancing Space And Location
Buyers comparing central and non-central HDB towns often face a trade-off between larger suburban flats and smaller but more centrally located homes with stronger transport convenience and accessibility.
Central Region HDB Town Pages
View individual town pages for Central Region HDB resale data and market insights.
Central Area
June 2026: 1 resale transaction
Queenstown
June 2026: 18 resale transactions
Kallang/Whampoa
June 2026: 15 resale transactions
Toa Payoh
June 2026: 19 resale transactions
Bukit Merah
June 2026: 12 resale transactions
Bishan
June 2026: 9 resale transactions
Central Region HDB Trends
A closer look at why central HDB towns continue to command some of Singapore’s strongest resale prices and buyer demand.
Central region HDB resale prices remained resilient in June 2026, with median resale prices reaching $832,500 and median resale values holding around $885 psf. Despite softer month-on-month price movement, central estates continue to outperform many non-mature towns in overall resale pricing.
Unlike many suburban HDB estates, central region towns are heavily influenced by location scarcity, MRT accessibility and mature estate demand. Areas such as Queenstown, Bukit Merah, Bishan and Toa Payoh continue to attract buyers looking for shorter commuting times, established amenities and stronger long-term resale liquidity.
Central region HDB buyers also tend to prioritise convenience and accessibility over flat size alone. This helps explain why some central estates continue to achieve significantly higher PSF values compared to many larger suburban flats. In particular, newer projects in Queenstown and city-fringe locations near the CBD continue to support premium pricing behaviour.
Resale activity across the region increased by -81.3% month-on-month, with 82 transactions recorded in June 2026. Toa Payoh remained the most active central HDB town during the month.
Million-dollar HDB activity also remains heavily concentrated in the central region. A total of 28 million-dollar HDB resale transactions were recorded during the month alone, with the highest transaction reaching $1,650,000 in Queenstown. Mature estates close to the city centre continue to dominate Singapore’s premium HDB resale market.
For buyers comparing central HDB towns, pricing differences are often shaped by MRT proximity, flat age, project rarity, city-fringe accessibility and the availability of larger flat types. This creates meaningful differences between estates such as Queenstown, Bishan, Toa Payoh and Geylang, even though all fall within Singapore’s broader central region market.